4th Quarter: Tax Due Dates, October – December 2016
October 11:
Employees Who Work for Tips: If you received $20 or more in tips during the month of September, you should report them to your employer. Use IRS Form 4070 (Employee’s Report of Tips to Employer).
October 17
Individuals: If you requested/obtained a 6-month tax extension, file your income tax return (Form 1040, 1040A, or 1040EZ) and pay any tax due by this date. Electing Large Partnerships: If a 6-month tax extension was requested/obtained, file a 2015 tax return (Form 1065-B) and pay any tax due by this date. If required, provide each partner with an amended copy of their Schedule K-1 (Form 1065-B) or substitute Schedule K-1. (See March 15 for the deadline for furnishing Schedules K-1 to the partners.)
November 10
Employees Who Work for Tips: If you received $20 or more in tips during the month of October, you should report them to your employer. Use IRS Form 4070 (Employee’s Report of Tips to Employer).
December 12
Employees Who Work for Tips: If you received $20 or more in tips during the month of November, you should report them to your employer. Use IRS Form 4070 (Employee’s Report of Tips to Employer).
December 15 Corporations:
Deposit the fourth installment payment for 2016 estimated income tax. Form 1120-W (Estimated Tax for Corporations) is a worksheet that can be used to estimate your tax for the year.
Contact us today 805.240.1040
Advertisements